NEW YORK (Reuters) – Shareholder advisory firm Institutional Shareholder Services on Wednesday beneficial that Campbell Soup Co buyers elect all 5 of Third Point hedge fund’s board nominees, giving a lift to the activist firm, which is preventing a excessive profile proxy battle with the corporate. FILE PHOTO: The emblem and ticker for Campbell Soup […]
Crypto Exchanges Must ‘Grow or Die,’ Says Exec at Fintech Firm Cinnober
A monetary know-how firm that was based a full decade earlier than the bitcoin white paper got here out is trying to assist at present’s cryptocurrency buying and selling platforms mature. Cinnober, based mostly in Stockholm, primarily supplies tech options to conventional inventory and commodity exchanges around the globe. But this yr it is struck […]
This Firm Wants Legacy Financial Players Trading Cryptocurrencies
News Over the previous few months, there’s been loads of speak about institutional cash coming into the digital asset financial system. On Tuesday, the institutional-grade cryptocurrency buying and selling platform Caspian introduced the top of its beta stage. Caspian claims 15 establishments are using the buying and selling platform and the agency expects to onboard […]
Goldman Sachs aims to buy own liquefied natural gas contract, a first for a Wall Street firm
Along a slender inlet off the Gulf of Mexico, 2.eight billion cubic ft of natural gas rolls every day by means of the Sabine Pass plant, the place it’s cooled into a liquid and loaded onto tankers sure for Asia and South America. One might depart quickly with the monetary backing of Goldman Sachs Group […]
South Korea’s Largest Telephone Firm Implements Blockchains
During the final couple of months, increasingly corporations have migrated in the direction of exploring blockchain know-how. Now, current stories point out that South Korea’s state-owned phone big KT Corporation is launching its very personal blockchain-based business community. They have began to create a blockchain system on prime of the nationwide telecommunication community. The anticipated […]
Ethereum could hit $2,500 by year-end, consulting firm says
Digital currencies traded larger Friday in New York, trying to erase losses from earlier within the week. The No. 1 digital foreign money, bitcoin BTCUSD, -0.50% traded again above $9,000, consolidating above important […]
Head of the world’s largest asset management firm says this is key for stock-market investors
‘ Getty Larry Fink says keep invested. The inventory market is in the late levels of an financial cycle almost in its ninth yr, however Larry Fink, CEO of world’s largest asset management firm, BlackRock Inc., says investors should forgo makes an attempt to time the market. They ought to simply keep invested. […]
Och-Ziff board member Barr quits amid battle over who will run firm
BOSTON (Reuters) – Och-Ziff Capital Management director William Barr is leaving the hedge fund’s board on the finish of the month, marking the primary seen fallout from a battle over who will run the firm sooner or later. The hedge fund firm stated in a regulatory submitting on Monday that Barr’s determination to step down […]
The Financial News Daily | The other handover: An illustrious Hong Kong container firm sells to China
Print partPrint Rubric: An illustrious Hong Kong firm sells to a mainland rival Print Headline: The other handover Print Fly Title: Container delivery UK Only Article:commonplace article Issue: Liu Xiaobo’s demise holds a message for China Fly Title: The other handover Location: HONG KONG Main picture: Terminal worth Terminal worth STONECUTTERS ISLAND in Hong Kong […]
Mid-session Europe: Stocks searching for firm direction
Today the phrases of the ECB might nonetheless be felt in markets. European shares are held in examine by a robust euro. SOURCE: Equities feed – Read complete story here.